research challenges. The Networks will work across the boundaries of b...The second phase of the strategy will be launched in 2014 with 20M to ...Dr Celia Caulcott BBSRC Director Innovation and Skills said: Inves... Through these schemes we are seeking to energise the UK industrial bi...

research challenges. The Networks will work across the boundaries of biology, chemistry and engineering. They also encourage the participation of other disciplines including mathematics, computational modelling, environmental science, economics and social science.

The second phase of the strategy will be launched in 2014 with 20M to support major integrated research projects in IBBE derived from the networking activities and involving the academic and business communities.

Dr Celia Caulcott, BBSRC Director, Innovation and Skills, said: "Investing in industrial biotechnology and bioenergy research has the potential to generate significant returns. World-class research exists within the UK and these schemes will do more to achieve its full potential for industry, economic growth and society as a whole. The bioeconomy is worth trillions globally and could bring major benefits to the UK and create thousands of jobs in the coming years. These benefits offer a sustainable and 'green' future with more efficient manufacturing, of biopharmaceuticals for example, and a shift away from fossil fuels towards renewable foundations.'

"Through these schemes we are seeking to energise the UK industrial biotechnology and bioenergy community and to support the building of strong research networks, industry-academic collaborations and new ideas that can be funded through to the brink of commercial application. This will ensure that emerging areas of bioscience are fully integrated into the industrial biotechnology arena."

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